This is how the apr is calculated - We updated our hub to show the correct APR instead of showing just the inflation parameter on chain as APY. The updated APR parameter shown takes into consideration the inflation rate, bonded token ratio, community tax and the annual provisions i.e its calculated based on these values. Currently, the APR is larger than the inflation because the bonded token ratio (totalStaked / totalInjOnChain) is quite low (around 49%) which causes the APR to be higher.
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